Regulation and Deregulation of Industry

• How Australia’s Social Media Ban for Children Will Work - The country is barring children under 16 from social media, with a sweeping federal law that is one of the first attempts at a nationwide regulation.
• Who Is Andrew Ferguson, the FTC Chairman Who Tilted the Agency to Trump? - Andrew Ferguson has used the Federal Trade Commission’s consumer protection mandate to investigate issues important to President Trump and his base.
• Paramount Makes Hostile Bid for Warner Bros. Discovery - The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
• Planes, Trade and Nuclear Energy: Supreme Court Weighs Fate of Independent Regulators - The court heard arguments Monday on a case that could determine the independence of agencies like the National Transportation Safety Board and the Nuclear Regulatory Commission.
• How Stablecoins Can Help Criminals Launder Money and Evade Sanctions - Through layers of intermediaries, stablecoins can be moved, swapped and mixed into pools of other funds in ways that are difficult to trace, experts say.
• Conservative Project at Supreme Court Meets Trump’s Push to Oust Officials - President Trump has repeatedly ousted leaders of independent agencies despite federal laws meant to shield those regulators from politics.
• Trump Returns to Gasoline as Fuel of Choice for Cars, Gutting Biden’s Climate Policy - The president said he would weaken Biden-era mileage standards, which were designed to increase electric-vehicle sales, calling them a “scam.”
• Fed Pick Puts Pressure on Bessent to Deliver for Trump - Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.
• For ‘No Tax on Tips,’ the I.R.S. Gets Intimate - The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?
• Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends - David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.